Don't underestimate American big farm interests. They will find a way in to destroy local industry and replace with American practises, tech and etc.
Today's America beef stocks are low and prices are high over there. But when it swings the other way then they will have low prices and high abundant stock to flood overseas markets.
https://www.marketwatch.com/story/inflation-recession-fears-and-the-worst-cattle-shortage-in-over-70-years-havent-dented-beef-demand-heres-why-41327b35
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Last
$1.44 |
Change
0.010(0.70%) |
Mkt cap ! $861.9M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.44 | $1.42 | $60.14K | 41.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 17787 | 7 |
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| Last trade - 10.40am 08/08/2025 (20 minute delay) ? |
| AAC (ASX) Chart |